REGULATIONS


Moneylife Digital Team 02 December 2014
Sahara's properties at Jodhpur, Chomu, Pune and Vasai near Mumbai are expected to fetch about Rs2,700 crore   The Supreme Court on Tuesday allowed Subrata Roy-led Sahara group to sell four of its domestic properties that are likely to fetch about Rs2,700 crore. This includes Sahara's...

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Moneylife Digital Team 02 December 2014
With an eye on auctioning the spectrum in February 2015, DoT and TRAI are hoping to finalise the consultative process for deciding base prices by 22 December   The Department of Telecommunications (DoT) under the Government of India (GoI) is planning on going ahead with auctions of 2G...

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Moneylife Digital Team 02 December 2014
SEBI found that these companies garnered capital from several investors through issuance of redeemable preference shares   Market regulator Securities and Exchange Board of India (SEBI) has restrained Federal Agro Commercials Ltd (FACL), Kolkata Aryan Food Industries Ltd (KAFIL) and...

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If you want to keep your money safe, you will have to assume regulators are not there to protect you   In the world of investment and banking, the individual has to bank on a lot of luck and good fortune. Regulations and regulators work as handmaidens of the industry players.  

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Moneylife Digital Team 01 December 2014
SEBI have 123 funds registered as AIFs. Of these, around 34 entities got the market regulator's approval to operate so far this year, 67 in 2013 and the remaining 22 in 2011   Market regulator Securities and Exchange Board of India (SEBI) has allowed as many as 123 entities to set up...

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Moneylife Digital Team 27 November 2014
The new small and payments banks will have the responsibility to extend credit to small borrower who is dependent on money lenders and private financers   The Reserve Bank of India (RBI) on Thursday released its final guidelines for small and payments bank in the country. The intent...

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Moneylife Digital Team 27 November 2014
Under the new model, SEBI would divide market entities into four groups -- very low risk, low risk, medium risk and high risk -- and the quantum of surveillance and number of inspections would increase as per the risk level   Market regulator Securities and Exchange Board of India...

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Moneylife Digital Team 26 November 2014
In the letter, to SFIO, the markets regulator has asked MCA to take an action against PACL's agents who are still collecting money from investors and expedite the proceedings to wind up the company operations   Market regulator Securities and Exchange Board of India (SEBI) has upped...

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Moneylife Digital Team 25 November 2014
The market regulator has asked foreign investors to ensure compliance with all necessary norms before issuing offshore derivative instruments-ODIs or P-Notes   Amid concerns about possible misuse of offshore derivative instruments (ODIs), or P-Notes, for money laundering and other...

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Moneylife Digital Team 25 November 2014
Micro Leasing and Funding as well its six directors, including three former directors are barred by SEBI from raising money from investors   Market regulator Securities and Exchange Board of India (SEBI) has barred Micro Leasing and Funding Ltd from mobilising funds from investors...

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Moneylife Digital Team 24 November 2014
Besides HSBC Securities, which acted as the merchant banker, SEBI also reprimanded India Star (Mauritius) that had made the open offer for Global Offshore Services   Market regulator Securities and Exchange Board of India (SEBI) has 'reprimanded' HSBC Securities and Capital Markets...

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Moneylife Digital Team 21 November 2014
The regulator finally woke up to long time misuse of funds by Transgene Biotek and barred its promoters and director from accessing the markets. Moneylife has been highlighting these issues since long   After keeping mum for almost a year, market regulator, Securities and Exchange...

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Moneylife Digital Team 20 November 2014
While refusing to elaborate reasons as it may tarnish reputation of CBI, the apex court directed senior most officer in the 2G probe team to takeover role of Sinha in the case   The Supreme Court on Thursday directed Ranjit Sinha, director of Central Bureau of Investigation (CBI) to...

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Moneylife Digital Team 20 November 2014
According to SEBI, the present management of DSE, even after getting to know about the irregularities committed by the erstwhile management, failed to initiate any action   Market regulator Securities and Exchange Board of India (SEBI), after finding "serious irregularities" in the...

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Moneylife Digital Team 19 November 2014
While approving stricter norms to deal with insider trading menace SEBI has also eased delisting norms for companies   Market regulator Securities and Exchange Board of India (SEBI) on Wednesday approved stricter norms to deal with insider trading menace. SEBI also widened the...

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Moneylife Digital Team 19 November 2014
According to the draft guidelines, reserve price will be determined before 22nd December, while bidding fees will be based on geological reserves of coal mines   The Indian government has released draft guidelines for allocation of 74 coal blocks. Under the draft rules, issued by the...

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Moneylife Digital Team 18 November 2014
Another blow to the I-T Dept in its endeavour to recover taxes on transfer of shares between Indian subsidiaries of foreign multi-nationals   In another blow to the Indian government and Income Tax (I-T) Department's hopes of recovering additional taxes from multi-national companies,...

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Moneylife Digital Team 18 November 2014
Under the new norms, depository participants would be required to have only single certificate of registration issued by the SEBI   Seeking to simplify procedural requirements, market regulator Securities and Exchange Board of India (SEBI) is planning to put in place a one—time single...

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Moneylife Digital Team 17 November 2014
According to the Committee headed by Vijay Kelkar, production sharing contract regime is more suited for Indian conditions rather than the revenue-sharing model as recommended by Rangarajan panel and adopted by UPA government     An expert panel headed by Vijay Kelkar has...

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Moneylife Digital Team 13 November 2014
Both Mumbai Metro Transport, a unit of R-Infra and Maharashtra government agreed to terminate concession agreement for Charkop-Bandra-Mankhurd Metro at no cost or claim to either party   Reliance Infrastructure on Thursday announced the cancellation of Mumbai's Metro Line 2 project...

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